Business Savings
Business Account Deposit Rates, Updated Tuesday, September 07, 2010
*The annual percentage yields may change after the account is opened. The continuous compounding method is used on all accounts shown above except certificates of deposit with maturity dates less than one year, which are compounded monthly. Fees or other conditions could reduce the earnings on the accounts shown above.
**Fees may reduce the annual percentage yield.
Rates are subject to change without prior notice. Please visit the nearest Webster Five branch for more information.
|
Variable-Rate Accounts
|
Simple Interest Rate
|
Annual Percentage Yield (*) (**)
|
Minimum Opening Deposit
|
Minimum Balance to Obtain APY
|
| Business NOW Checking Account | 0.05% | 0.05% | $10.00 | $10.00 |
| IOLTA Checking Account |
0.049%
0.148% 0.246% 0.345% 0.590% |
0.05%
0.15% 0.25% 0.35% 0.60% |
$10.00
|
$10.00 - $9,999.99
$10,000.00 - $24,999.99 $25,000.00 - $49,999.99 $50,000.00 - $74,999.99 $75,000.00 and over |
| Statement Savings Account |
0.246%
|
0.250%
|
$10.00
|
$10.00
|
| Business Plus Savings Account |
0.148%
0.246% 0.345% 0.590% 0.737% |
0.15%
0.25% 0.35% 0.60% 0.75% |
$10.00
|
$10.00 - $9,999.99
$10,000.00 - $49,999.99 $50,000.00 - $74,999.99 $75,000 - $99,999.99 $100,000 and over |
| Money Market Plus Account |
0.05%
0.49% |
0.05%
0.50% |
$10.00 |
$10.00 - $2,499.99
$2,500.00 and over |
*The annual percentage yields may change after the account is opened. The continuous compounding method is used on all accounts shown above except certificates of deposit with maturity dates less than one year, which are compounded monthly. Fees or other conditions could reduce the earnings on the accounts shown above.
**Fees may reduce the annual percentage yield.
Rates are subject to change without prior notice. Please visit the nearest Webster Five branch for more information.
